2010-11 - Grasim

UltraTec
ech Cement Limited
17. Capital al work-in-progress includes:
` in Crores
2010-1
0-11 2009-1
09-10
Pre-operativ
re-operative e expenses pending allocation:
Power and Fuel Consumed 1.49 -
Salary, Wages, Bonus, Ex-gratia and Provisions 11.90 0.36
Insurance 0.01 0.13
Exchange Gain (9.97) (0.07)
Depreciation 0.17 -
Interest and Finance charges 5.13 1.83
Misc. Expenses 25.60 1.20
Tot
otal Pre-operativ
re-operative e expenses
34.33 3.45
Less: Income (0.30) (0.34)
Add: B/f from Previous Year 1.33 12.35
Add: Transferred from SCL as on 01.07.2010, 18.77 -
pursuant to scheme of Amalgamation
Less: Capitalised during the Year (8.28) (14.13)
Balance included in Capital
al Work-in-P
ork-in-Progress
rogress 45.85 1.33
.33
18.
8. Disclosure of related parties / related party y transactions:
Parties
(a) Parties where control exists:
Grasim Industries Limited.
UltraTech Cement Lanka (Pvt.) Ltd.
Dakshin Cements Limited.
Harish Cement Limited. (HCL) (w.e.f.01.07.2010)
UltraTech Cement Middle East Investments Limited.
(UCMEIL)
Star Cement Co. LLC, UAE (w.e.f. 31.08.2010)
Star Cement Co. LLC, RAK Ras-Al-Khaimah UAE
(w.e.f. 31.08.2010)
Al Nakhla Crusher LLC, Fujairah (w.e.f. 06.09.2010)
Arabian Cement Industry LLC, Abu Dhabi
(w.e.f. 15.09.2010)
Arabian Gulf Cement Co W.L.L, Bahrain
(w.e.f. 27.09.2010)
Emirates Power Company Ltd., Bangladesh
(w.e.f. 27.08.2010)
Emirates Cement Bangladesh Ltd., Bangladesh
(w.e.f. 27.08.2010)
Madanpur (North) Coal Company (Pvt.) Limited.
Bhaskarpara Coal Co. Limited. (w.e.f. 01.07.2010)
Relationship
Holding Company
Subsidiary
Wholly Owned Subsidiary
Wholly Owned Subsidiary
Wholly Owned Subsidiary
Subsidiary’s Subsidiary – UCMEIL
Subsidiary’s Subsidiary – UCMEIL
Subsidiary’s Subsidiary – UCMEIL
Subsidiary’s Subsidiary – UCMEIL
Subsidiary’s Subsidiary – UCMEIL
Subsidiary’s Subsidiary – UCMEIL
Subsidiary’s Subsidiary – UCMEIL
Joint Venture
Joint Venture
49 ⊳